NSE: SAIL · BSE: 500113 · ISIN INE114A01011
Steel Authority of India Limited stock analysis
Steel Authority of India Limited ranks #1338 in the TickerSutra evidence-ranked universe with a score of 54/100 and 95% data confidence. The latest captured fundamentals show ROCE of 7.9%, quarterly sales growth of 1.3% and quarterly profit growth of 134.3%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Strong CFO/EBITDA of 1.57×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Debt/equity is above 0.5×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹1,03,477cr | ₹21,363cr | ₹12,243cr | 21.0% |
| 2023 | ₹1,04,448cr | ₹8,038cr | ₹2,177cr | 8.0% |
| 2024 | ₹1,05,378cr | ₹11,149cr | ₹3,067cr | 11.0% |
| 2025 | ₹1,02,479cr | ₹10,690cr | ₹2,372cr | 10.0% |
| 2026 | ₹1,10,811cr | ₹12,119cr | ₹3,373cr | 11.0% |
| TTM | ₹1,11,135cr | ₹13,384cr | ₹4,272cr | 12.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Steel Authority of India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineShareholders meetingNSE · 25 Sept 2026Steel Authority of India Limited has submitted the Exchange a copy of Scrutinizers report of Annual General Meeting held on September 24, 2026. Further, the company has informed the Exchange regarding voting results.
RoutineSteel Authority of India Ltd - 500113 - Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportBSE · 25 Sept 2026Voting result and scrutinizers report of 54th AGM of SAIL held on 24.09.2026
RoutineDisclosure of material issueNSE · 25 Sept 2026Steel Authority of India Limited has informed regarding Disclosure of material issue
RoutineSteel Authority of India Ltd - 500113 - SAIL And BCCL Sign Mou Agreement To Boost Domestic Coal Production.BSE · 25 Sept 2026SAIL and BCCL sign MoU Agreement to Boost Domestic Coal Production.
MANAGEMENT COMMENTARY
Signals from filed documents
Market reception for SAIL ’s branded offerings remained remarkably strong, supported by an expanding distribution network across both urban centers and tier-2/tier-3 rural markets. Prominent brands such as SAIL SeQR TMT bars and SAILNEX structural sections sustained their market leadership, becoming preferred choices for structural safety, earthquake resistance, and durability in individual home building and corporat
For SAIL, this risk coincides with increasing interest and depreciation charges from its Rs.1 lakh crore Capex programme. Robust project monitoring via Digital Project Management System (now operational across all Integrated Steel Plants), active debt reduction and working-capital discipline will be the primary buffers. • Evolving Product and Customer Requirements Rapid changes in customer quality specifications, gra
Strategic capital allocation and improved sales enabled the Company to bring its total borrowings down by Rs.5012 crore to Rs.31,922 crore, raising the Net Worth to Rs.58,195 crore and a reduction of around 4,20,000 T in its inventory levels. This prudent financial management improved the Debt-to-Equity ratio to 0.55:1, further strengthening the balance sheet and providing the necessary leverage headroom to fund futu
The widening of our channel partner ecosystem ensured deeper penetration into regional markets, aligning with the growing consumption demands of semi-urban and rural India. Through these specialized product offerings and extensive distribution networks, SAIL sustained its vital role in supporting critical national infrastructure ventures. During the year, SAIL steel was supplied to landmark projects across the countr
The global economic landscape during the year continued to encounter tailwinds and headwinds alike. Geopolitical frictions in key regions generated trade uncertainty, while energy price fluctuations and raw material cost shifts created supply chain volatilities across all industries. Concurrently, the global steel sector demonstrated gradual stabilization as regional markets adapted to new economic realities.
And because of that reduction, we've got a saving on that count by around INR25 crores. So more or less, it has offset the price increase due to ocean freight in the fluxes. And sir, secondly, it is about the debt position.
Thereafter, in August’25, USA further expanded its trade measures, imposing a 50% tariff on 407 additional product categories containing Steel and Aluminum, leading to increase in US domestic steel prices, though demand remained stable. European Union’s Steel industry experienced a protracted crisis caused by high energy prices, weak demand, cheap imports and tariff disputes with US, which led to closure of number of
Additionally, the government designated coking coal as a “Critical and Strategic Mineral” under the Mines and Minerals (Development and Regulation) Act of 1957, prioritizing Prodn. 57 ANNUAL REPORT There’s a little bit of SAIL in everybody’s life 2025-26 MDA Report regulatory approvals to strengthen the domestic steel supply chain. During CY2025, the Russian Federation remained a primary source of Pulverized Coal Inj
SAIL will continue tracking import flows, advocating on trade policy, and deepening its value- added product mix to reduce exposure to commodity price cycles. • Export Market and CBAM Risk SAIL ’s export revenue faces headwinds from elevated freight costs, suppressed Global benchmark prices, and the EU Carbon Border Adjustment Mechanism (CBAM), which will require Plant-wise, Product-wise emission disclosures. The hal
Domestic steel producers continue to diversify their raw material sourcing to mitigate single-supplier concentration risks. RISKS AND CONCERNS Regulatory and Operational Risks Your Company continues to encounter a complex set of regulatory and operational challenges across its mining assets, impacting raw material security, project execution timelines, and revenue generation capabilities. • Pending Closure of Show Ca
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
DIRECTOR & BUSINESS NETWORK
Loading corporate intelligence
Loading universe coverage and exchange-backed evidence…